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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (5282)3/2/2003 8:37:32 PM
From: SemiBull  Respond to of 5482
 
Another PR re Samsung order......

Kulicke & Soffa Gets Purchase Order From Samsung

Thursday February 27, 5:08 pm ET

WILLOW GROVE, Pa. (Dow Jones)--Kulicke & Soffa Industries Inc. received a significant purchase order from semiconductor maker Samsung Electronics Co.
Financial terms were not disclosed.

In a press release Thursday, Kulicke & Soffa said this order for Maxum wire bonders is the first of a multi-staged purchase agreement with Samsung.


The first group of machines is set for immediate delivery to their factory in South Korea, the company said.

The company also received strategic orders for the Maxum machines from several large Japanese semiconductor factories. The company said the Japanese orders represent market share growth in factories not normally served by the company.

Kulicke & Soffa shares recently traded at $5.54, up 42 cents, or 8.2%, on composite volume of 1.18 million shares. Average daily volume is 1.17 million shares.

Kulicke & Soffa, which had revenue of $464.7 million in the fiscal year ended Sept. 30, produces semiconductor assembly equipment.

-Wenny Wen; Dow Jones Newswires; 204-938-5388